The injections come amidst liquidity shortages in money markets from time to time, as the country is gripped by a balance of payments crisis.

The central bank’s Treasury bill stock which is a proxy on foreign reserve losses, climbed to 201 billion rupees on Tuesday from 193 billion rupees a week earlier.

On Monday the government began talks with an International Monetary Fund team on a bailout package.

The Central Bank said gross official reserves, which includes fiscal reserves were 1.4 billion dollars by January, down from 3.4 billion dollars in September. But net monetary reserves of the central bank had fallen to about 1.1 billion rupees by end January.

The rupee traded around 114.10/20 against the US dollar, dealers said.

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